Remember the %50 rule also encompasses taxes and insurance a part of teh expenses, so inital analysis would look like Income  1100- Expenses (650) - Finance (PI=380) ==$270 month cash flowKen

@Christopher Tredennick Can you help me understand what areas specifically encompass Spring ISD? 

The MSA area encompasses about 20 plus counties.In GA we are slated over the next decade to add many millions of additional people to this state.

The deed mentioned the meets and bounds description encompassing lots 45, 46 & 1/2 of 47.

Debt for cars, feel-good degrees, vacations, and other niceties are financial folly, and if that's what your debt encompasses you are not prepared to be a real estate investor. 

Success may be defined in many ways, but an all encompassing comment like "college is worth every penney" is just plain incorrect.

The property has substantial overgrowth limiting access to fully encompass the scope related to the roof.  

My experience with virtually everything in life: if they cannot give you a reasonable range of prices that encompasses 90-95% of all situations without giving you "the pitch", it is usually either a scam or ridiculously overpriced for the "benefit" that it provides the purchaser.

Front end encompasses your total living housing expense, which is the total expenses of the residence in which you are residing in.

Generally a moderate amount of repairs that do not encompass any of the big ticket items: roof, electrical, foundation, hvac, etc....